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California Governor Seeks $40 BILLION for Los Angeles WILDFIRE RELIEF

California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said could become the costliest natural disaster in U.S. history. Estimates of the total economic loss from the firestorm have been estimated to surpass $250 billion — with real estate losses from the Palisades and Eaton fires predicted to potentially top $30 billion. Newsom vowed that the funding would be used to rebuild homes, infrastructure, businesses, schools, churches and health care facilities.

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Tech Industry Unites to Provide Laptops and Internet for Wildfire Survivors Δ1.72

More than 400 residents affected by recent wildfires will receive free laptops and internet access as part of a major relief effort, marking a significant contribution from the tech industry to support those in need. Human-I-T, a nonprofit dedicated to closing the digital divide, has partnered with the City of Pasadena, Laserfiche, and other organizations to provide critical technology. The initiative aims to help affected residents stay connected, access essential resources, and begin rebuilding their lives.

NGO's Newspaper Ad Asks Americans for Donations After Trump's Drastic Aid Cuts Δ1.71

The International Rescue Committee (IRC) has launched a full-page advertisement in the New York Times, urging Americans to donate to support hundreds of millions of people in need following drastic cuts in U.S. foreign aid. The IRC claims that 46 government grants have received termination notices, which would deny critical services to at least 2 million people across multiple crisis zones. This move highlights the severe consequences of the Trump administration's "America First" policy on humanitarian aid.

"Game Bundle for a Good Cause: High-Value Content at $10" Δ1.70

To help out victims of the Californian fire disaster, itch.io is now offering a bundle full of games, assets, tools, books and more. In total, the bundle with 422 contents is worth more than $3,200, but will only cost $10 for the next two weeks or so. The "California Fire Relief Bundle" contains a wide variety of titles, including PC games like Tunic, Cook, Serve, Delicious 2, and Octodad: Dadliest Catch, as well as board games, digital books, and other content.

Argentina Floods Kill At Least 10 In Bahia Blanca Port City Δ1.70

Severe flooding in Bahia Blanca, Argentina, triggered by heavy rainfall, has resulted in at least 10 fatalities and significant destruction, including collapsed roads and bridges. Over 260 millimeters of rain fell in just a few hours, prompting extensive evacuations and the deployment of military resources to assist affected residents. The Argentine government has allocated 10 billion pesos in financial aid to support recovery efforts in the port city, which houses around 300,000 people.

US Foreign Aid Organizations Claim $671 Million Owed by Deadline Δ1.69

U.S. foreign aid organizations have filed a lawsuit against the Trump administration, claiming they are owed over $671 million due to a freeze on foreign aid spending. Despite the administration's resistance to court orders for payment, a federal judge has set a deadline for the funds to be released by Monday, emphasizing the urgency as some organizations face potential shutdowns. The case highlights the ongoing tensions between government actions and the operational realities of humanitarian aid providers.

US Firefighters Tackle Wildfires in Carolinas Δ1.69

Firefighters in the Carolinas have been battling dozens of wildfires over the weekend amid a combination of dry weather and gusty winds. A state of emergency was declared in South Carolina on Sunday, with crews trying to contain a fire in the Carolina Forest area close to the coastal city of Myrtle Beach. In North Carolina, crews are trying to contain multiple wildfires in four forests across the state, according to the US Forest Service.

Earthquake Hits Hollywood as Stars Gather for Oscars Afterparty Δ1.69

A magnitude 3.9 earthquake struck Hollywood during the Vanity Fair afterparty following the Oscars, causing a brief moment of panic among attendees. The quake's epicenter was located in North Hollywood, just a few miles from the Dolby Theatre, and while no injuries or significant damage were reported, witnesses described a palpable sense of fear as buildings swayed. This incident highlights the ongoing seismic activity in Southern California, as the region has experienced numerous minor quakes recently.

US Farmers to Get First of $30 Billion Tranche for Downturn. Δ1.69

American farmers will soon start receiving the first tranche of $30 billion in funding approved by Congress to fight a downturn in the markets, according to Agriculture Secretary Brooke Rollins. The initial $10 billion in assistance should start moving in the next few weeks, with a focus on making the application process more efficient. Farmers have been facing significant challenges due to declining crop prices and rising input costs, with many struggling to make ends meet.

Lebanon to Ask Saudi Arabia for $3-Billion Army Grant Δ1.68

Lebanon's President Joseph Aoun plans to ask Saudi Arabia to reactivate a $3-billion aid package to the Lebanese army during his upcoming visit, amid efforts to rebuild the country after a year of Israeli strikes. The request comes as Lebanon faces significant reconstruction costs and foreign support is contingent on enacting long-awaited financial reforms. Aoun's goal is to strengthen economic and political ties with Saudi Arabia while addressing pressing domestic issues.

Foreign Aid Groups Ask Us Supreme Court to Require Trump to Release Funds Δ1.68

Foreign aid organizations have petitioned the U.S. Supreme Court to compel the Trump administration to release nearly $2 billion in withheld payments for work already completed by contractors and grantees associated with USAID and the State Department. A federal judge had mandated these payments, arguing that the ongoing funding freeze would cause irreparable harm to both the organizations and the vulnerable populations they serve. The case highlights the tension between governmental authority and the operational capabilities of independent agencies as foreign aid efforts face severe disruptions.

Layoffs at Noaa to Put American Lives at Risk Δ1.68

Scientists warn that Trump administration's firing of hundreds of workers at NOAA will put lives at risk and stifle crucial climate research.The layoffs at the agency, which provides critical information on weather emergencies, include scientists working on data for forecasts among those fired.NOAA's work spans climate modeling, radar system maintenance, and more.In addition to everyday forecasting, NOAA provides crucial information to help Americans survive weather emergencies.The cuts come at a time when scientists say climate change is increasing the intensity and frequency of hurricanes, tornadoes, flooding, and wildfires.

Thousands of Australians Without Power as Storm Alfred Lashes Queensland Δ1.67

A significant storm system, downgraded from a tropical cyclone, has left over 316,000 residents in Queensland without power due to damaging winds and heavy rainfall, particularly affecting the Gold Coast. Prime Minister Anthony Albanese has warned of serious conditions, including flash flooding and strong winds, while the Bureau of Meteorology predicts ongoing adverse weather patterns. As recovery efforts begin, the state is assessing the impact on schools and infrastructure, highlighting the community's resilience amidst the challenges.

Government Shutdown Looms: Republicans' Last-Minute Demands Raise Risk Δ1.67

Two Democrats in Congress said on Friday that Republicans have raised the risk of a government shutdown by insisting on including cuts made by President Donald Trump's administration in legislation to keep the government operating past a mid-March deadline. Senator Patty Murray of Washington and Representative Rosa DeLauro of Connecticut, the top Democrats on the committees that oversee spending, stated that the Republican proposal would give Trump too much power to spend as he pleased, even though Congress oversees federal funding. Lawmakers face a March 14 deadline to pass a bill to fund the government, or risk a government shutdown.

Ray Dalio: Debt Crisis Could Cause 'Economic Heart Attack' For Us Economy in the Next 3 Years Δ1.67

Billionaire hedge fund manager Ray Dalio has warned that the US economy is at a critical inflection point due to the escalating debt crisis, which could lead to an "economic heart attack" within the next three years if left unchecked. The national debt has more than tripled since 2000 to an estimated $36.2 trillion, and if not addressed, it could lead to a spike in interest rates and depreciation of fiat currencies. Dalio believes that reducing the deficit to 3% of GDP through tax adjustments and spending cuts is crucial to preventing such consequences.

Centrelink $1,000 Cash Boost Announced for Aussies Impacted by Critical Event Δ1.67

The Australian government has announced plans to give one-off Centrelink payments of $1,000 to those affected by ex-Tropical Cyclone Alfred, targeting individuals who have been severely impacted by the disaster and require immediate financial assistance. The payment is expected to be activated as "expeditiously" as appropriate, with a focus on providing support to those who have lost their income and are unable to work due to the cyclone. The government aims to provide relief to those affected, including individuals, families, and businesses impacted by the disaster.

Boost for Growth Or Path to Unprecedented Debt? Δ1.67

President Trump's tax plan could reduce federal revenue by $5 trillion to $11.2 trillion over the next decade, according to estimates from the Committee for a Responsible Federal Budget. This plan would effectively increase the nation's debt by eliminating current or anticipated revenue sources and includes extending tax cuts from the 2017 Tax Cuts and Jobs Act. Critics warn that there are severe fiscal consequences, particularly in regard to rising the national debt.

State Cost of Living Outpaces National Average Δ1.67

The cost of living varies significantly across the United States, with some states experiencing costs that are 8.6% higher than the national average, while others see a decline of up to 13.5%. California's housing market is driving its high cost of living, with prices in metropolitan areas like San Francisco and Los Angeles contributing to the region's exceptionally high housing costs. The nation's capital, Washington state, rounds out the top five states with the highest cost of living due to similar factors.

State Farm Executive Fired Over Comments About Rate Hikes Δ1.67

Haden Kirkpatrick, a vice president at State Farm, was terminated after an undercover video revealed his disparaging remarks regarding Pacific Palisades homeowners and the company's rate hikes in California. In the video, he suggested that the insurer's request for a significant rate increase was somewhat orchestrated due to financial pressures, including a reported $5 billion shortfall. The fallout from his comments has sparked scrutiny over State Farm's rate-setting practices and raised questions about the company's approach to addressing its financial challenges.

Harris Set to Make Decision on California Governor Bid by Summer's End Δ1.66

Kamala Harris has given herself a deadline to decide whether to run for governor of California, with a clear indication that she plans to make a decision in the coming months. According to sources close to the former vice president, Harris is considering a bid to succeed Gavin Newsom and believes a win would likely take her out of the 2028 presidential race. As Harris prepares to make a final decision, allies are keeping their options open, with several top Democratic candidates already reassessing their own bids.

Environmental NGO Sues Trump's EPA, Citibank over Funding Freeze Δ1.66

The Environmental Non-Profit Organization (Climate United) is suing the U.S. Environmental Protection Agency (EPA) and Citibank for billions of dollars in solar and other projects frozen by the bank as part of the Trump administration's spending cuts. The lawsuit alleges that the EPA's actions prevented Citibank from dispersing funds, causing harm to Climate United, its borrowers, and the communities they serve. This case is part of a series of lawsuits filed by non-profit groups, state attorneys general, and others challenging President Donald Trump's efforts to roll back policies implemented by his predecessor, Joe Biden.

Environmental NGO Sues US EPA, Citibank over Funding Δ1.66

The environmental nonprofit Climate United Fund is suing the US Environmental Protection Agency and Citibank over billions of dollars in frozen grant money intended to encourage climate-friendly power. The group alleges that the EPA's actions are preventing the dispersal of funds, harming its borrowers and the communities they serve. The suit is part of a broader effort by non-profits and state attorneys general to challenge President Trump's rollbacks of Democratic policies.

Neom's Futuristic City Plans Taken over by Financial Disaster, Except for Mckinsey & Co Δ1.66

Neom's massive, 105-mile-long linear city project has become a financial sinkhole due to delays and cost overruns. The project, which was initially envisioned as a futuristic, carbon-neutral hub, is now projected to take another 55 years to complete and will likely cost $8.8 trillion, exceeding Saudi Arabia's annual budget by more than 25 times. The internal audit presented to Neom's board last summer revealed the bleak financial outlook, raising concerns about the project's viability.

Amazon Unveils AI Scheme to Tackle Flood Risks in Spain's Aragon. Δ1.66

Amazon will use artificial intelligence to reduce flood risks in Spain's northeastern region of Aragon where it is building data centres. The tech giant's cloud computing unit AWS plans to spend 17.2 million euros ($17.9 million) on modernising infrastructure and using AI to optimise agricultural water use. Amazon aims to deploy an early warning system that combines real-time data collection with advanced sensor networks and AI-powered analysis.

Foxconn’s Mega-AI Plant Ready in a Year Despite Trump Tariffs Δ1.66

Foxconn's ambitious mega-AI server plant in Guadalajara, Mexico, is set to be completed within a year, despite looming tariffs proposed by former President Trump. With a planned investment of approximately $900 million, this facility will become the world's largest assembly plant for Nvidia's GB200 AI chips, signaling a robust commitment to expanding server-related operations in Mexico amidst ongoing U.S.-China trade tensions. Local government officials have expressed strong support for the project, emphasizing that investment in Jalisco's semiconductor industry continues to thrive, countering potential tariff impacts.

Us Plans Emergency $3 Billion Israel Arms Deals Δ1.66

The U.S. State Department has approved the potential sale of nearly $3 billion worth of bombs, demolition kits and other weaponry to Israel, which could fuel concerns about truce violations between the two sides in a fragile ceasefire agreement. The prospective weapons sales were notified to Congress on an emergency basis, sidestepping a long-standing practice of giving lawmakers more time to review the sale. The deliveries are expected to begin in 2026, but the possibility of immediate delivery for some of the weapons raises questions about the urgency and intentions behind the deal.